Latest news with #A.Velumani
India Gazette
5 days ago
- Business
- India Gazette
BankNbfc.com Grand Inauguration - Ushering a New Era in Financial Technology
SMPL Bengaluru (Karnataka) [India], June 5: 25 May 2025 | Hotel Quality Inn Rockwell Grand - In a groundbreaking ceremony that signifies the future of integrated digital finance, was officially launched in Bengaluru. This pioneering platform aims to redefine the banking and financial services landscape through innovation, inclusivity, and digital empowerment. The event was graced by Dr. A. Velumani, visionary entrepreneur and Creator of Thyrocare, who served as the Chief Guest. He inspired the audience with his thought-provoking insights on disruption, leadership, and the transformative role technology can play in financial access. A Gathering of Industry Leaders The grand inauguration brought together thought leaders and innovators from a wide array of industries, including: * Kishor Jagirdar, President, Vision Karnataka Foundation * DCP Nagaraj, Bengaluru * Vijay Rajagopalan, Founder, Gold - inventor and patent holder of the world's first AI-powered ATM for precious metals * Sunil H P, Founder, E Loan Originators & Hireka Services Pvt Ltd * Munish, Co-Founder, Jeevitam * Ashwath Ram, Former Business Head, BigBasket * S. Viswanathan, Director, ASV Agricultural Research & Exports Pvt Ltd * M. Mohan, Vice President, Anugraha Fashion Textiles, Tiruppur * Raghupathy, Entrepreneur, Coimbatore * Viswanth, Renowned Architect, Bengaluru * Ramya Raman, CEO, Ms Monarch, Mumbai *Ponnappa K C, Independent Director, Citi Corp Finance India Ltd *Manjunath, Zonal Manager, Incred Finance *Venkatesh, Area Credit & Risk Head, IndusInd Bank *Teegela Abhishek, Managing Director, Yuvaraj Finance Pvt Ltd Vision and Mission Speaking at the event, Dr. Velumani highlighted the platform's potential to democratize finance: ' is not just a platform--it's a national movement toward financial inclusion. It will bridge the gap between banks, NBFCs, fintechs, and borrowers, particularly underserved communities. With its AI-powered risk analytics and digital-first approach, it ensures access, awareness, and affordability for all.' About is a transformative digital ecosystem connecting banks, NBFCs, fintech innovators, regulators, vendors, and customers on a unified platform. It seeks to accelerate India's financial vision through transparency, strategic collaboration, and technology-driven services tailored for individuals and MSMEs alike. Strategic Phases of Development - Phase 1 - Talent Ecosystem for Financial aims to become a leading recruitment and talent partner for financial institutions, aligning skilled bankers and professionals with the industry's evolving needs. The platform fosters professional growth and personal advancement for finance professionals across India. - Phase 2 - Nationwide Loan Distribution PlatformIn its second phase, the platform will evolve into a Pan-India distributor for loan products from diverse financial institutions, streamlining access to credit through digitization and expanding reach to underserved regions. About the Founder - Arun Kumar Manickam Arun Kumar Manickam is a distinguished banking veteran with over two decades of experience across top-tier institutions including State Bank of India, IDBI Bank, and ICICI Bank. His expertise spans Corporate, SME, and Retail Banking, with deep knowledge in customer service, credit evaluation, operations, sales, and collections. Arun's illustrious career is marked by accolades such as the Best Customer Service Award at ICICI Bank and benchmark sales performances at SBI and 2015, driven by a passion for entrepreneurship, he launched a successful SME loan distribution venture in Coimbatore. Through intensive fieldwork and trusted partnerships, he onboarded over 250 SME clients, sourcing a Rs500+ crore asset portfolio--all of which remains in healthy, standard status. Academically, Arun holds a Master's degree in Management from Bharathiyar School of Management & Entrepreneur Development (BSMED) and has completed the Senior Management Program at the Indian Institute of Management Ahmedabad (IIM-A) For Media Inquiries:Email: info@ +91-8056707456Website: - Of the Bankers, For the Bankers, By the Bankers (ADVERTORIAL DISCLAIMER: The above press release has been provided by SMPL. ANI will not be responsible in any way for the content of the same)
Arab Times
6 days ago
- Business
- Arab Times
ICAIKC hosts ‘Focus Gives Success' by Dr. Velumani, Thyrocare founder
KUWAIT CITY, June 4: The Institute of Chartered Accountants of India Kuwait Chapter (ICAIKC) successfully hosted an engaging and motivational Continuing Professional Education (CPE) event titled 'Focus Gives Success' at the Crowne Plaza Hotel, Kuwait. The session featured a captivating keynote address by Dr. A. Velumani, Creator of Thyrocare, and drew participation from a large number of finance professionals, their spouses, and distinguished guests across Kuwait. The event was graced by His Excellency Dr. Adarsh Swaika, Ambassador of India to the State of Kuwait, who praised ICAIKC's continuous efforts in advancing professional development and strengthening India-Kuwait ties in the financial and corporate sectors. Also in attendance was Mr. Sabah Al-Jalawi, Chairman of the Kuwait Accountants and Auditors Association (KAAA), who commended the chapter's commitment to promoting excellence, ethics, and education in the accounting profession. Dr. Velumani shared his extraordinary journey from humble beginnings to building one of India's most successful diagnostic companies, emphasizing the transformative power of clarity, consistency, and unwavering focus. His session resonated deeply with attendees, offering a blend of humor, humility, and hard-earned wisdom. CA Rohit Agarwal, Chairman of ICAIKC and CA Aditya Vikram Dhanuka, immediate past Chairman extended heartfelt thanks to Dr. Velumani, the dignitaries, and all participating members. 'Dr. Velumani's story is a masterclass in resilience and vision,' CA Rohit remarked. 'It reminded us that success doesn't just come from skill, but from a focused and fearless mindset.' The event concluded with a heartfelt vote of thanks delivered by CA Andaleeb Girkar. She expressed deep appreciation to the esteemed speaker, Dr. A. Velumani, for his inspiring and motivational address. Special gratitude was extended to the Chief Guest, H.E. Dr. Adarsh Swaika, Ambassador of India to Kuwait, and Mr. Sabah Al-Jalawi, Chairman of the Kuwait Accountants and Auditors Association (KAAA), along with other distinguished guests, attendees, and the dedicated organizing committee. She also acknowledged the unwavering support of the Chapter's annual sponsors – NBK, Al Mulla Exchange, and Cube Innovators – and thanked the media partners, (IIK), Times Kuwait, and Arab Times, for their continued collaboration and coverage. For more information on future events and initiatives, visit and join ICAIKC in its ongoing journey toward professional excellence.
Time of India
6 days ago
- Business
- Time of India
Thyrocare founder slams railway tatkal system as tickets gone in 60 seconds– offers this unique solution
Every morning, thousands of people across India log on to the IRCTC website, hoping to book a Tatkal ticket. The booking window opens at 10 AM sharp, and within seconds, the tickets are gone. The site slows down, payments fail, and many users are left frustrated, staring at a screen with no clear answers. For those who need to travel urgently, it often ends in disappointment. What was designed to support last-minute travel has now become a stressful and unreliable experience. And now, concerns about the system are being raised not just by passengers, but also by voices from outside the railway network, including those in the healthcare sector. Dr A. Velumani calls out system failure — velumania (@velumania) Dr. A. Velumani, the founder of Thyrocare, recently took to social media to raise concerns about the Tatkal booking system. Reacting to a post that showed how the platform crashes almost immediately after bookings open, he called the experience 'shocking' and suggested it reflects deeper issues in how the system is managed. Rather than just point out the problem, he also offered a practical solution based on his own company's experience handling high digital traffic. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 5 Books Warren Buffett Wants You to Read In 2025 Blinkist: Warren Buffett's Reading List Undo He recommended staggering Tatkal bookings– opening slots for different trains at different times instead of all at once. According to him, this approach helped Thyrocare avoid system crashes without needing to invest heavily in additional servers. Public frustration runs deep For many users, problems with Tatkal bookings are all too familiar. While some point to overloaded servers, others feel the bigger issue is unfair access. Travel agents using automated tools are often blamed for grabbing tickets within seconds, leaving regular users behind. Frustrated passengers say they've had to rely on agents, try booking from multiple devices, or even ask railway staff for help just to secure a seat. On social media, many compare the experience to a lottery, where most people feel they have little to no chance of actually getting a ticket. Survey reveals low success rate A national survey by LocalCircles, carried out between April and May 2025, as reported by the Economic Times, shows just how tough it has become to book a Tatkal ticket online. The survey gathered responses from over 55,000 people across 396 districts: 73% said they were waitlisted within the first minute of trying to book. 29% said they managed to get a ticket only 0–25% of the time. Another 29% said they were never successful. Only 10% said they got a ticket every time they tried. Many users also shared that they've now turned to travel agents or other workarounds, saying they no longer trust the regular online booking system.
Time of India
03-06-2025
- Business
- Time of India
Railway Tatkal tickets gone in 60 seconds? Thyrocare founder slams IRCTC's tatkal booking chaos, offers a solution
Booking a Tatkal train ticket on IRCTC has turned into a daily digital gamble, and now, even prominent entrepreneurs are calling it out. Every morning at 10 AM, countless Indians brace themselves for a frustrating race against the clock. Seats appear available, only to vanish in seconds as the website freezes, crashes, or simply gives up. The ritual is so familiar that it's become a running joke online, but for those relying on emergency travel, the experience is anything but funny. Among the many voices rising against this glitch-ridden madness is Dr A. Velumani , the founder of Thyrocare. Sharing a viral image on X (formerly Twitter) from Stocks in HD's Threads account, Dr Velumani didn't mince words. He called the entire experience 'shocking' and, if true, a 'betrayal.' The post had outlined the minute-by-minute chaos of Tatkal booking, where everything seems fine until the clock hits 10, and then the website seemingly collapses under pressure. But Dr Velumani didn't stop at criticism. Drawing parallels from his own company's experience, he offered a practical solution. Thyrocare, he recalled, once faced a similar problem of server overload during peak traffic. Since adding expensive spare servers wasn't viable, his team solved it by staggering user access. He suggested IRCTC do the same, allowing only a fraction of trains (say 1/10th) to be booked every hour, as a simple way to optimise load and ensure smoother operations. He tagged IRCTC's official account and shared this recommendation. — velumania (@velumania) Meanwhile, users on social media added their own insights. Some likened Tatkal bookings to a lottery. Others pointed out that automated systems used by booking agents are the real culprits, grabbing tickets in seconds while regular users struggle to even load the page. Many agreed the problem runs deeper than server load, hinting at systemic loopholes and unfair advantages. What does the survey say? Securing a Tatkal train ticket remains a frustrating experience for most Indian travellers, according to a new nationwide survey by LocalCircles, as reported by Business Standard. Conducted between April and May 2025, the survey covered over 55,000 travellers across 396 districts. A staggering 73% of respondents who tried booking online in the past year said they were waitlisted within the first minute of the Tatkal window opening. Only 40% of those surveyed felt the regular online process was the best way to secure a Tatkal ticket, while over 30% admitted turning to travel agents instead. Others resorted to using multiple devices, visiting railway stations, or even contacting MPs or railway staff. The reports further claimed that out of 18,851 people who attempted Tatkal bookings in the last 12 months, 29% said they succeeded only 0–25% of the time, while another 29% reported never succeeding. Just 10% got a ticket every time they tried.
Time of India
25-05-2025
- Health
- Time of India
Rs 5,000 crore tycoon says real success is when others are 'jealous' of your mother
— velumania (@velumania) About Dr. A. Velumani Renowned entrepreneur and billionaire Dr. Arokiaswamy Velumani recently took to social media platform X to share a heartfelt message that resonated with many. On Sunday, the visionary founder of Thyrocare Technologies posted a thoughtful statement urging men to uplift and cherish the women in their lives. His words read: 'Instead of allowing the women in your life to feel envious of others, treat them in a way that makes others envious of them.'Through this short but profound message, Dr. Velumani emphasized that this wisdom isn't just limited to romantic relationships. He explained that both sons and daughters have a role in ensuring their mothers feel respected, loved, and proud. 'It's not just your spouse,' he elaborated. 'True success is when people look at your mother and wish they were in her place.'A vocal supporter of traditional family values , Velumani frequently advocates for nurturing strong familial bonds. He is equally vocal about the importance of instilling discipline in children rather than spoiling them. Back in April, he commented on the negative impact of overindulgence, stating that pampered children often grow up with inflated egos and unrealistic expectations. His tweet warned, 'Increased stress stems from rising arrogance and entitlement. Dear parents, stop over-pampering.'Reflecting on years of observing young adults, he highlighted two contrasting parenting approaches. Children encouraged to tackle challenges on their own tend to become confident, self-assured, and resilient. Meanwhile, those raised under constant supervision and frequent comparisons often become anxious, insecure, and emotionally fragile. He strongly believes that these outcomes are less about wealth and more about the parenting philosophy Born on April 12, 1959, Dr. A. Velumani is a distinguished Indian businessman who built his empire from humble beginnings. As the founder of Thyrocare Technologies Ltd., headquartered in Navi Mumbai, he transformed diagnostic healthcare in India. He later launched Nuclear Healthcare Limited, a radiology-focused firm, broadening his impact in the medical testing and imaging sector comes from the village of Appanaickenpatti Pudur, located near Coimbatore in what was once part of the Madras State. His father worked the land as a farmer, while his mother, a homemaker, took on the responsibility of raising buffaloes and selling their milk to support the family.
